HVAC chillers are the main component of HVAC systems that provide cooling for industrial, commercial, and residential applications. Growing preference for district cooling systems in industries and high-rise buildings are the major driver for the HVAC chillers market. Increasing population and urbanization, rising temperature, and pollution across the globe due to the uncontrollable greenhouse and other toxic gas emissions result in the rising installation of HVAC systems, which fuels the HVAC chillers market growth.
The third party logistics market was valued at US$ 899.4 billion in 2019 and is projected to reach US$ 1,329.4 billion by 2027; it is expected to grow at a CAGR of 4.2% during the forecast period
Bubble tea is also called as pearl milk tea or bubble milk tea. It is a Taiwanese based drink which was invented in Tainan and Taichung in the 1980s. Bubble tea mainly contains tea leaves, flavors of milk and sugar. Toppins such as popping boba, fruit jelly, grass jelly, agar jelly, and puddings are added to enhance the flavor. The black pear tea and green pearl tea are the most popular category among the bubble tea. Bubble tea serves as a substitute for green tea, as it is highly cost-effective as compared to green tea. Most common flavors preferred by users in bubble tea includes chocolate, passion fruit, honeydew, taro, plum, lychee, strawberry, ginger, coffee, peach, and mango.
The green tea market was valued at US$ 12,777.6 million in 2018 and is expected to grow at a CAGR of 6.0% from 2019 to 2027 to reach US$ 21,456.2 million by 2027.